<ARTICLE> 7 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <DEBT-HELD-FOR-SALE> 120,555 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 226,773 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 442,003 <CASH> 4,178 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 12,921 <TOTAL-ASSETS> 512,912 <POLICY-LOSSES> 38,587 <UNEARNED-PREMIUMS> 60,932 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 379,209 <TOTAL-LIABILITY-AND-EQUITY> 512,912 <PREMIUMS> 40,973 <INVESTMENT-INCOME> 6,976 <INVESTMENT-GAINS> (445) <OTHER-INCOME> 0 <BENEFITS> 27,951 <UNDERWRITING-AMORTIZATION> 11,523 <UNDERWRITING-OTHER> 7,445 <INCOME-PRETAX> 585 <INCOME-TAX> (262) <INCOME-CONTINUING> 847 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (305) <NET-INCOME> 542 <EPS-PRIMARY> .03 <EPS-DILUTED> .03 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 9,766 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 38,587 <CUMULATIVE-DEFICIENCY> 0